We'll have to wait and see just how well it performs and whether it's worth it's rather steep initial price. Sigma have an optically stabilized 18-200/3.6-6.3 lens for $499. There's also a non-stabilized version for About $320 and Tamron have an 18-200 for Canon EOS DSLRs for $280, but it doesn't have stabilization. Of course if you have a Pentax or Sony DSLR with stabilization built into the body, you don't need to pay the extra for an IS lens, but if you use a Canon or Nikon DLSR, you have no choice but to pay the extra if you want stabilization.
|Focal Length & Maximum Aperture
||16 elements in 12 groups, including UD-glass and aspherical lenses
|Diagonal Angle of View
||74° 20' - 7° 50' (with APS-C image sensors)
||Gear-driven by DC monitor
|Closest Focusing Distance
||1.48 ft./0.45m (maximum close-up magnification 0.24x)
||5-groups helical zoom (rotational angle 80°)
|Max. Diameter x Length, Weight
||3.1 in. x 6.40 in./78.6 x 162.5mm (maximum lens length)
Weight: 20.99 oz./595g
Here's a copy of Canon's brief press release:
Canon has answered the call from advanced amateur photographers looking for a solid all-around lens with the introduction of the new EF-S 18-200mm f/3.5-5.6 IS zoom lens. With an incredible focal length range equivalent to 29-320mm in the 35mm format, the new EF-S 18-200mm lens will make an excellent addition to any camera bag, and it gives shooters a great lens to capture both standard as well as telephoto images. The new lens features Canon's built in Optical Image Stabilization system which gives the equivalent effect of a shutter speed roughly 4 steps faster, for better image clarity, even in shaky shooting conditions. With a minimum focusing distance of 0.45m/1.5 ft. at all zoom settings, this new lens should prove to be ideal for those situations where swapping lenses isn't an option. An ideal complement to the EOS 50D SLR camera and all other EF-S compatible EOS SLR cameras, the EF-S 18-200mm f/3.5-5.6 IS lens is scheduled to be in stores this October at an estimated selling price of $699.00*.